Union Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Union Insurance has a total shareholder equity of BDT939.0M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT1.6B and BDT677.5M respectively. Union Insurance's EBIT is BDT233.7M making its interest coverage ratio 395.5. It has cash and short-term investments of BDT171.8M.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 395.5x |
| Cash | ৳171.81m |
| Equity | ৳939.02m |
| Total liabilities | ৳677.49m |
| Total assets | ৳1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNIONINS's short term assets (BDT1.4B) exceed its short term liabilities (BDT677.5M).
Long Term Liabilities: UNIONINS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: UNIONINS is debt free.
Reducing Debt: UNIONINS has no debt compared to 5 years ago when its debt to equity ratio was 11%.
Debt Coverage: UNIONINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UNIONINS has no debt, therefore coverage of interest payments is not a concern.